Business

Government Finalizes Leasing of Four Public Sugar Mills in Sector Revamp

The government has officially concluded the long-awaited leasing of four state-owned sugar factories, marking a major milestone in the bid to revive Kenya’s struggling...

Safaricom Posts Sh388.7 Billion Revenue, Declares Sh48 Billion in Dividends as Tech Push Pays Off

Nairobi Securities Exchange-listed telecom giant Safaricom has reported a robust 11.2% jump in total revenue, reaching Sh388.7 billion ($3 billion) for the financial year...
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After Trump Slashes Aid, Warren Buffett Injects Sh3.8 Billion into Kenya’s Health System

Kenya’s strained health sector has received a crucial financial boost of Sh3.8 billion from American billionaire and philanthropist Warren...

Radio Africa Group Announces Layoffs Amid Broader Media Industry Crisis

Radio Africa Group, the media conglomerate behind some of Kenya’s most prominent media brands—Classic FM, Kiss 100, Radio Jambo,...

Kenya Secures Ksh8.9 Billion Loan from OPEC Fund to Support Infrastructure Projects

The Government of Kenya, through the National Treasury, has secured a Ksh8.9 billion (€60 million) loan from the OPEC...

BCLB Dismisses Sh766 Billion Gambling Claims, Sets Record Straight on Kenya’s Betting Landscape

The Betting Control and Licensing Board (BCLB) has come out strongly to refute claims that Kenyans spent a staggering...

Kenyatta Family to Earn Sh1.2 Billion as NCBA Announces Sh9 Billion Dividend Payout

The Kenyatta family is set to pocket approximately Sh1.2 billion in dividends following NCBA Group PLC’s declaration of a...

“No Kenyan Product is Allowed” – Sudan Maintains Suspension of all Imports From Kenya

The Embassy of Sudan in Nairobi has officially confirmed the full suspension of imports from Kenya, reinforcing its stance...